Fabrity Holding S.A

M&A Activity • Jan 2, 2019

A merger of subsidiaries Aforti Collections S.A.and LifeBelt sp. z o.o.

The board of Aforti Holding S.A. ("the Company", "theIssuer") headquartered in Warsaw, in reference to the currents reportsof ESPI no. 29/2018 dated on 13/08/2018, no. 34/2018 dated on24/10/2018, no. 38/2018 dated on 27/11/2018 and no. 40/2018 dated on04/12/2018, hereby announces to the public that it received informationthat on December 31, 2018 the District Court for Warsaw, XII Division ofthe National Court Register issued a decision of entering the merger ofAforti Collections SA (hereinafter: "Aforti Collections", "AcquiringCompany") and LifeBelt Sp. z o.o. (hereinafter: "LifeBelt", "AcquiredCompany") to the National Court Register.

Thus, one company was created, which will operateunder the name Aforti Collections S.A..

The merger of the Acquiring Company with the AcquiredCompany took place in the mode of art. 492 §1 point 1 of the CommercialCompanies Code (CCC) in connection with art. 515 § 1, ie by transferringall assets of the Acquired Company to the Acquiring Company (merger byacquisition).

The merger of the companies took place withoutincreasing the share capital of the Acquiring Company. Additionally,pursuant to art. 516 § 5 of the CCC in connection with art. 516 § 6 ofthe CCC, the merger of the companies took place in the simplified modeprovided for in the aforementioned regulations.

Acquisition of an entity from the debt collectionindustry by Aforti Collections S.A. is the next step, after the AFORTIGroup's entry into foreign markets (including Romanian through theAforti Finance and Aforti Exchange brands), which is a consistentimplementation of the Group's development strategy for 2018-2020. Thisactivity will simultaneously expand and strengthen the presence of theAforti Group and the Aforti Collections brand in the debt managementsegment on the Polish market.

Legal basis: Article 17 paragraph 1 of the MAR -confidential information